Trader-turned-industrialist chairs Adani Group, which he founded in 1988 as commodities trading outfit. Expanded into energy, infrastructure. His Mundra Port on India's west coast is country's biggest in private sector. Raised $650 million in August by taking 70%-owned Adani Power public. He's planning to raise $325 million more through a rights issue of listed Adani Enterprises to invest in coal mining. Also plans to convert Mundra into a subsidiary of Adani Enterprises. Is reportedly on good terms with Narendra Modi, powerful chief minister of Gujarat state where Adani's businesses are located. Younger brother Rajesh, who works with him, was recently arrested and released on bail over charge of allegedly evading customs duty on an import consignment.